Italy emerged from deflation in
September with the consumer price index rising 0.1% over
September 2015, Istat said Friday. On a monthly basis, however,
the index fell 0.2%. "After seven straight months of yearly
falls, consumer prices have started rising again, albeit
marginally," Istat said. The rise was largely due to a "major
reduction" in the fall of energy prices, at 3.5% compared to
6.5% in August. The prices of most frequently bought goods in
Italy's 'inflation trolley" stopped rising in September and
instead fell 0.1% on August, Istat said. They were steady
compared to September 2015, the statistics agency said. In
August the trolley prices rose by 0.6%.
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